YEREVAN, March 12. /ARKA/. The chief executive officer of Yakutia Railways company in Russia Vasily Shimokhin was in Armenia lately to learn about the performance of the South Caucasus Railways (SCR) company, a subsidiary of state-owned Russian Railways operating Armenia's railroads, SCR said in a press release.
It said Shimokhin visited SCR’s Diagnostics Center and was told about the technology its employees use to check railroads. Shimokhin was quoted in a press release as saying that SCR and Yakutia Railways have many features in common: both companies are subsidiaries of Russian Railways transporting nearly equal volumes of passengers and freight.
He said Yakutia railways operates locomotives produced by the American company General Electric, which allows efficient transportation of goods and people. He said experts from the Development Service of Yakutia Railways will soon be sent to Armenia to study SCR experience. Shimokhin visited also the railway station in Yerevan.
The South Caucasus Railways is run by Russian Railways. The concessional agreement was concluded in 2008 for 30 years, with a right of extension for another 20 years after the first 20 years of operation. -0-